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Joined Nov 10, 2007
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Right Wing German Leader Suggests Splitting Eurozone in Two, With the Weak Clustered Around France

Joerg Meuthen, leader of Germany’s Alternative for Germany party, wants the eurozone divided in two — with the stronger nations clustered around Germany and the weak ones around France, naturally.

Germany would keep Austria, Finland and the Netherlands and France would keep the PIGS (Portugal, Italy, Greece and Spain).

Sounds like a war in the making.

“The euro is a seed of discord in Europe that has different currency cultures and different competitiveness levels,” Meuthen told Reuters, eight months before the federal election.

Meuthen, widely seen as a moderate in the AfD which represents a wide range of views, said the German economy could suffer in the wake of such a euro zone split but only for a year or two.
“The euro is too strong for southern European countries while for Germany and several others it’s too weak,” he said in a telephone interview.

“It’s conceivable that the weaker countries leave,” he said, mentioning Italy, Spain, Portugal and France. He said Greece is so weak that no country wants to share a currency with it.

Germany, Austria, the Netherlands and Finland should remain in the core euro group, he said, even though a stronger currency would hurt exports from those countries.

“That could cause an economic slump (in Germany),” he said. “It’s impossible to say how deep. But in my view the economic slump would be over in about a year or two.”

Meuthen said the euro exit should not be linked to a fixed exchange rate system. “The currencies need to be able to breathe,” he said.

Nothing is unreasonable about his plans. As presently situated, the EU is a failure and destined to collapse. In this way, Germany gets to rule over wide areas of Europe (their main goal in life), while subjugating others, the weak, to a life of misery and slavery.

Literally, nothing has changed in Germany over the past 100 years.

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One comment

  1. john_galt

    Actually, it is a great idea

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